{"id":19097,"date":"2025-12-17T10:06:37","date_gmt":"2025-12-17T08:06:37","guid":{"rendered":"https:\/\/www.statssa.gov.za\/?p=19097"},"modified":"2025-12-17T10:22:10","modified_gmt":"2025-12-17T08:22:10","slug":"consumer-inflation-slows-in-november","status":"publish","type":"post","link":"https:\/\/www.statssa.gov.za\/?p=19097","title":{"rendered":"Consumer inflation slows in November"},"content":{"rendered":"<p>Annual consumer price inflation eased to 3,5% in November from 3,6% in October. The monthly change in the consumer price index (CPI) was -0,1%.<\/p>\n<p><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_01.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-19098\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_01-300x189.jpg\" alt=\"Chart_01\" width=\"300\" height=\"189\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_01-300x189.jpg 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_01-768x483.jpg 768w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_01-1024x643.jpg 1024w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_01-100x63.jpg 100w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Annual inflation cooled in five of the 13 product categories, most notably transport; recreation, sport &amp; culture; and information &amp; communication. Four categories registered no change. Food &amp; non-alcoholic beverages (NAB), restaurants &amp; accommodation services, and alcoholic beverages &amp; tobacco recorded higher rates.<\/p>\n<p><strong>Lower prices for used vehicles<\/strong><\/p>\n<p>The annual change for transport slipped to 0,7% in November from 1,5% in October, pulled lower by softer inflation rates for vehicles and fuel. Vehicle inflation was 0,9%, the lowest print in more than 12 years (since June 2013 when the rate was also 0,9%).<\/p>\n<p>A closer look at the data reveals a consistent decline in used vehicle prices since August\u00a02024. Used vehicles were on average 1,8% cheaper in November\u00a02025 than in November\u00a02024. New vehicles, on the other hand, were 1,2% more expensive.<\/p>\n<p>The graph below provides more information. Prices for used SUV\/MPV vehicles were down by 3,9%, while prices for new bakkies climbed by 2,8%.<\/p>\n<p><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_02.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-19099\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_02-300x215.jpg\" alt=\"Chart_02\" width=\"300\" height=\"215\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_02-300x215.jpg 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_02-768x551.jpg 768w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_02-1024x734.jpg 1024w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_02-100x72.jpg 100w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>On the fuel front, prices dropped by 2,2% between October and November, bringing the annual rate for fuel down to 0,1%.<\/p>\n<p><strong>Food inflation heats up<\/strong><\/p>\n<p>Annual inflation for food &amp; NAB recorded its first increase in four months, quickening to 4,4% in November from 3,9% in October.<\/p>\n<p>Meat prices increased on average by 12,2% in the 12 months to November, the highest annual rate since January\u00a02018 (13,4%). Beef products have experienced high inflation rates for several months. Other meat products have now joined the fray, with pork, mutton &amp; lamb, and sausage prices rising faster.<\/p>\n<p>The milk, other dairy products &amp; eggs category recorded its sixth successive month of deflation. The rate has slowly crept higher though, from -1,6% in September to -1,5% in October and -1,2% in November. Full-cream and low-fat fresh milk have occupied deflationary territory for most of 2025. Similarly, eggs have registered negative annual price changes since November\u00a02024.<\/p>\n<p>Inflation for cereal products moderated to an annual 1,7% from 2,0% in October. The monthly change was -0,6%. Prices for key staple cereals registered monthly declines, including white rice (-3,1%), maize meal (-0,8%) and white bread (-0,5%).<\/p>\n<p>Although the index for oils &amp; fats recorded inflation of 5,2% in November (up from 4,8% in October), margarine products registered negative monthly changes. Specifically, the price index for brick margarine dropped by 2,1% and margarine spread by 0,1% between October and November.<\/p>\n<p>The graph below shows the food and beverage products that recorded the sharpest price increases and decreases in November.<\/p>\n<p><a href=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_03.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-19100\" src=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_03-300x161.jpg\" alt=\"Chart_03\" width=\"300\" height=\"161\" srcset=\"https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_03-300x161.jpg 300w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_03-768x411.jpg 768w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_03-1024x548.jpg 1024w, https:\/\/www.statssa.gov.za\/wp-content\/uploads\/2025\/12\/Chart_03-100x54.jpg 100w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>For more information, download the November\u00a02025 CPI statistical release and associated Excel files with indices and average prices <a href=\"https:\/\/www.statssa.gov.za\/?page_id=1854&amp;PPN=P0141&amp;SCH=74008\">here.<\/a><\/p>\n<p>Similar articles are available on the Stats SA website and can be accessed <a href=\"https:\/\/www.statssa.gov.za\/?page_id=624\">here<\/a>.<\/p>\n<p>For a monthly overview of economic indicators and infographics, catch the latest edition of the Stats Biz newsletter <a href=\"https:\/\/www.statssa.gov.za\/?page_id=6048\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Annual consumer price inflation eased to 3,5% in November from 3,6% in October. The monthly change in the consumer price index (CPI) was -0,1%. Annual inflation cooled in five of the 13 product categories, most notably transport; recreation, sport &amp; culture; and information &amp; communication. Four categories registered no change. Food &amp; non-alcoholic beverages (NAB),&nbsp; &nbsp;<a href=\"https:\/\/www.statssa.gov.za\/?p=19097\" class=\"btn btn-mini btn-info pull-right\" style=\"margin:10px 30px;\">read more &raquo;<\/a><\/p>\n<div class=\"clear\"><\/div>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,6,28,24,32,33],"tags":[],"class_list":["post-19097","post","type-post","status-publish","format-standard","hentry","category-economic-growth","category-economy-data-stories","category-food-security-and-hunger","category-households","category-industry","category-inflation"],"_links":{"self":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/19097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19097"}],"version-history":[{"count":2,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/19097\/revisions"}],"predecessor-version":[{"id":19104,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/19097\/revisions\/19104"}],"wp:attachment":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}